India’s first India-Israel Innovation Centre (IIIC), an entrepreneurial tech hub where individuals and teams can grow their technologies and businesses was launched by Ramanan Ramanathan, Mission Director, Atal Innovation Mission at IoT India Congress 2018.
Moshe Porat, Founder & CEO Mesh Labs, Ariel Seidman, Deputy Counsul General of Israel and Varad Krishna, Founding Partner, IIIC also participated at the launch ceremony.
The IIIC is a significant step towards facilitating penetration of Israeli companies in India and aims to bring local partnerships and joint ventures between the companies from the two countries. IIIC will provide an ecosystem to support entrepreneurship, vendor partnership, mentoring and non-formal community development that will assist the growth of the companies in different verticals and covers business, technology, investors and customers.
Speaking on the launch, Dana Kush, Consulate General of Israel to South India said, “We are proud to witness the launch of IIIC, which reinstates that the formula of “India + Israel = Innovation” works. Our role as diplomats is to find best possible ways to connect India to the Israeli ecosystem and vice-versa, especially while both nations are focusing on startups.”
Startups that are part of IIIC will be given mentorship and guidance and opportunities to participate at all IIIC’s Global events and experience networking avenues with potential customers.
“I am happy with the launch the India Israeli Innovation Centre (IIIC) at the IoT India Congress, first ever in India that aims to meet the long pending need to connect the startups ecosystems of Israel and India to improve the quality thereby the survival rate of the startups from our country”, said Varad Krishna, Founding Partner of IIIC.
Shekhar Sanyal, Director and Country Head, the IET said, “The launch of the IIIC was an exciting part of the third edition of IoT India Congress that concluded today. We, at the IET are proud to have collaborated with IIIC and our aim is to facilitate more such opportunities which will help in building a robust ecosystem.”